S&P 500 record streak is far from 1990s peak

Records are coming fast and furious for the major U.S. benchmarks. They\’re just one more data point prompting some prognosticators, including Larry Fink of BlackRock and MarketWatch\’s Mark Hulbert, to say this Fed-fueled momentum can\’t last. But by one measure, the rise to higher highs has a long way to go. As record-tallier Howard Silverblatt of S&P Dow Jones Indices points out, the number of annual records set by the S&P 500
is far from rate set in the mid-to-late 1990s. In fact, with 33 as of Tuesday\’s close, they\’re not even halfway to the 77 record-closes-per-year set in 1995, which was a peak, says Silverblatt.

Want more stats? Record closing highs for the S&P 500 total 1,019 since 1928. But they didn\’t get going until second half of the last century. From 1930 through 1953 there were none, notes Silverblatt.

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